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Re: News Releases - Wednesday, September 19, 2007
Messina Minerals Inc. Announces $7 Million Private Placement
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Vancouver, BC, September 19, 2007 -- Messina Minerals Inc. (TSX-V:MMI)
(the "Company") is pleased to announce a brokered private placement of
up to $7 million of securities of the Company. Orion Securities Inc.
will act as agent of the Company with respect to the offering. The
offering will be comprised of the issuance and sale of up to $6 million
of flow-through common shares of the Company at a price of $0.95 per
flow-through share and up to $1 million of units of the Company at a
price of $0.80 per unit. Each unit will consist of one common share and
one-half of one common share purchase warrant. Each whole warrant,
expiring 24 months from closing, will entitle the holder to subscribe
for one additional common share of the Company at a price of $1.10. The
Company has also granted Orion an option to increase the size of the
offering by up to an additional $1 million of units of the Company,
exercisable until 48 hours prior to the closing of the offering.

The Company will pay a cash commission to the agent in the amount of
6.5% of the total proceeds raised. In addition, the Company will issue
non-transferable compensation options to the agent equal to 6.5% of the
total number of flow-through common shares and units issued, which will
be exercisable into units for 24 months at a price of $0.80 per unit.
These units will be on the same terms as the units sold under the
offering.

Proceeds received from the private placement are intended to be used to
continue exploration work on the Company's properties in central
Newfoundland and for general corporate purposes.

The offering is expected to close on or about September 28, 2007 and is
subject to certain conditions and to the receipt of all required
regulatory approvals and consents, including the approval of the TSX
Venture Exchange. The securities of the Company issuable pursuant to
the private placement will be subject to a Canadian hold period
expiring four months and one day after the closing date.

The securities proposed to be offered in the private placement have not
been registered under the U.S. Securities Act of 1933, as amended, or
any State securities laws, and may not be offered or sold in the United
States or to U.S. Persons absent registration or an applicable
exemption from the registration requirements.

About Messina

Messina Minerals Inc. is exploring for zinc-lead-copper-silver-gold
massive sulphide deposits in central Newfoundland, Canada on its
extensive 383 square kilometer mineral lands, in a region known
historically for its zinc resources and where the Company has made new
massive sulphide discoveries including "Boomerang" and "Domino".
Messina's strategy is to test its properties for zinc-copper
mineralization that is conceptually within truck-hauling distance of
Boomerang/Domino indicated/inferred mineral resources and which could,
subject to positive exploration and other test results, be additive to
the Company's zinc-lead-copper-silver-gold resource base.

This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be any
sale of the securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful.

ON BEHALF OF THE BOARD OF DIRECTORS OF
MESSINA MINERALS INC.

"Peter Tallman"

President

The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.

For further information
Please contact:
Peter Tallman
President (604) 688-1508
Fax: (604) 601-8253
Email: info@messinaminerals.com
Website: www.messinaminerals.com

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Copyright (c) 2007 MESSINA MINERALS INC. (MMI) All rights reserved.
For more information visit our website at
http://www.messinaminerals.com/ or send mailto:info@messinaminerals.com
Message sent on Wed Sep 19, 2007 at 3:38:02 PM Pacific Time
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